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20121201
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Search Results 0 to 21 of about 22 (some duplicates have been removed)
on the investigation, brian ross our chief investigative correspondent and, brian, investigators are beginning to piece together what happened in that terrifying ten minutes in the school. >> that's right, george, they say they are making good progress in knowing much of the how, although less of the why of the stunning crime. in particular, they are focusing on the weapons used, there were three weapons recovered, two handguns and a semiautomatic assault-style rifle that authorities believe was owned actually by adam lanza's mother, nancy. her friends say she was a gun enthusiast who bought the weapons for self-defense when she was divorced and lived in a large home by herself and often took her sons, her friends say, to a nearby firing range for target practice. >> so they confirm that the weapons belonged to her, but there had also been some reports, at least one in the "l.a. times" that the shooter may have tried to buy a weapon recently. >> our reporting doesn't confirm that, and the fact is in connecticut, there is a waiting period to buy any weapon. you need a permit to buy a handgun, not a long
" here on cnbc. i'm andrew ross sorkin along with joe kernen. becky quick is out today. our guest host this hour, rebecca patterson and peter. check out today's lineup. it is a biggie. we have an exclusive interview with dallas fed pet jrichard fibber. and the interview of the morning you do not want to miss. it is a crazy story we've been talking about for the past two weeks. john mcafee will be joining us live on camera at 8:40 a.m. eastern. we're going to get the latest chapter in this mystery that has murder, mayhem and suspension. his life is the movie of the week, if you will, and we will have it live right here at 8:40. please, do not miss that. let's get you caught up on some of the other headlines this morning. house speaker john boehner and president obama met for the second time this week. both parties are trying to avoid the fiscal cliff. the men had a frank discussion and the lines of communication remain open, although no specific details were released. the meeting came after frustration in washington. this was house speaker boehner earlier in the day. >> republicans want
ross sorkin. our guest host this hour is julia sed. fiscal cliff negotiations, our top story. now president obama is proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. that's above the $250,000 threshold that the president has been demanding for months, but it is still far from speaker john boehner's request of $1 million. a source familiar with the talk says this is by no means the final offer for the white house. the move by the president was welcomed, albeit with some reservations. we will talk about the latest developments in just a few minutes. in the meantime, the global markets seem to be taking note of the optimism. you can see right now that those dow futures are up by 54 points. this comes after a decent rally for the markets yesterday. s&p futures at this point are up by better than seven points and the nasdaq futures up, as well, by about 17. european shares rising. germany is up, the ftse is up, the france, the cac in france has turned slightly down. but, again, this is a marginal loss of about three points. most of the ma
on cnbc. i'm andrew ross sorkin along with joe kernen. becky quick is off today. our best host this hour, alexander ladenthal. we have a lot to cover with her this morning. here we are, christmas eve. it's a shortened trading session for christmas eve. u.s. equity markets will close at 1:00 p.m. eastern time. bond currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republ
like we're living a bit on the edge of the fiscal cliff, at least. i'm andrew ross sorkin along with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >> widely quoted. you know who has made a comeback is ralph -- >> akampora. >> i've seen him around. do you remember his nickname? >> i don't. >> whatever you think of him, he's a great guy. >> he's a good guy. >> ed is going to try to make us slightly -- >> be a little sensitive. let's get you some some of the morning headlines. the biggest one being president obama planning to meet with congressional leaders at 3:00 p.m. eastern time today in a last ditch effort to avoid the fiscal cliff. the house majority leader eric cantor is now telling members to
. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen. andrew ross sorkin is out today. he'll be back tomorrow. president obama and speaker boehner are not commenting about their meeting yesterday, but me members of the parties are continuing the public debate about taxes, spending and the fiscal cliff. republicans want a melt on xwiemtment and tax reform from the president. democrats insist this will not happen until the gop agrees on a tax hike. senator dick durbin saying no deal on the debt without a tax hike of the wealthy. >> i can't tell you, i don't want to do it, the president doesn't want to do it, but we need to solve the problem been we cannot allow the reckless position to drive this economy into another recession. >> some suggesting that it might be better to cave to the president now on taxes and keep up the fight on spending. >> if we were to pass, for instance, raising the top two rate and that's it, all of a sudden we do have the leverage of the debt ceiling and we haven't given that up. >> meantime, one influential voice says enough is enough. >>
's probably wrong. >> poor ross. >>> all right. power players coming up. >> no 13th month? >> in the world of investing. carlisle's david rubenstein, steve shoresman blackstone, venture capital's marc andreesson, and jamie dimon. look at that -- >> in addition we have jerry webb. make us all -- the rest of us feel -- >> we have one -- >> you're an economist or something? you play on to have -- you can think about the 12-12-12 thing in the meantime because you're good at math. >> yeah. all that stuff. >> all right. >>> as we move closer to the edge of the fiscal cliff, every move is being magnified by the markets. president obama and house speaker john boehner spoke by phone on tuesday, exchanging new proposals. the president gave boehner a revised offer on monday, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an ex
and welcome back to south carolina here on cnbc. i'm andrew ross sorkin along with joe kernen. becky is off today. dino kosof, he's going to have a lot to talk about when it comes to what mr. bernanke just said. later in the program, we'll talk to pimco's kneneal ashkari. >>> a surprise from ben bernanke, linking unemployment to monetary policy. rates will be staying where they are right now, which is close to zero, of course. until at the very least the jobless rate falls to 6.5%. we can only cross our fingers wherefore when that might be. ben bernanke says these changes will make the central bank more transparent adding they can only help the markets. the central bank ramped up its asset purchase program adding $40 billion to its $40 billion a month purchases of mortgage-backed bonds. he spoke about the objectives during wednesday's news conference. >> the asset purchases and the rate increases have different objectives. the asset purchases are about creating near term momentum in the economy, trying to strengthen growth and job creation in the near term. and the increases in the federal
on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. andrew, welcome back. i hope you're feeling better. >> thank you. i had a little bit of a stomach bug. >> we're all a little sick around the table here. >> i know. it's a little -- i feel like weak, you know when your bones feel a little something? you had that, joe, two weeks ago, right? >> exactly what you had. you didn't -- you remember -- i remember bridesmaids, right? i'm not sure what all that came out of. i had both going. you didn't have both going? you are the just -- you were hurling. >> i was, i was. in the middle of the night. i had to send an e-mail to the producers. >> it's very weird. it's not even a 24-hour thing. >> no, i will say it was going by when the show was still going on. >> we have a pro gun advocate on. >> you didn't throw up when -- okay. >> by the way, a viewer has offered to take me shooting in new jersey at a shooting club. >> i saw a lot of stuff. >> i'm taking him up on it. but we have news to get him up to. >> some people hold that second amendment thing, they actually think it means
and andrew ross sorkin. we are one step closer to the cliff and still no deal. you could say we've taken a huge step backwards at this point. we will be joined to talk about why plan b, that bill didn't make it to the house and what the next step is. coming at 6:40 eastern time, red hat has been red hot. that company reporting quarterly results and we have the ceo. at 7:00 a.m. eastern time, we will welcome our guest host, roger altman and barry knapp. we have thorsten heins joining us, as well. >> our big story of the morning, it could be a tense days for the markets as the resolution to the physical cliff appears less likely. we can see the futures opening at least 150 off if things keep up the way they are. house speaker john boehner failing to mount enough support for his plan b that would raise taxes only on families earning more than $1 million. the president vowing he will press ahead with congress to get a deal done. >> he wasn't going to do it, anyway. what does he mean it will press ahead? >> i don't know. >> because it wasn't going to go to the senate. >> but to me, the demons
of luck. one was that mario cuomo did not run for the nomination and ross perot did run for the presidency. we'll see them trying to find their way, but, also, circumstances out there that nobody can anticipate at this point. >> right, i do think there was an interesting thing that happened to the democratic party when it was in a similar situation and bill clinton kind of dragged the party to the center a little bit. that was a big debate and we'll see if republicans have a similar debate and names that were just up on the screen were proxies for different sides in that argument about where does the republican party go from here? i think it's more about that. what is the shape of the republican party than it is about any of the individual names. probably too early for that, but not for what they stand for. >> jerry is a little more optimistic about that debate than i am. before you can have a real debate, you have to be willing to anger some people in your own party. what is missing, in both parties on the republican side, the only ingredient is someone willing to take aside that not ever
to "squawk box" on cnbc. i'm joe kernen, along with andrew ross sorkin. becky quick is off today. is this evans hour? "youngblood?" >> i don't know this song. ♪ >> futures are higher not as much as before. 17 points or so. being up at all with the fiscal cliff really looking like we're -- why wouldn't we head over. you go back to 39.6 on anybody 250 and above and ride in and lower taxes and be a hero. see republicans vote against that. >>> pre-christmas shopping rush wasn't much of a rush at all, at least not the type economists were expecting. a mastercard spending poll reports holiday sales were up .7 of a percent a year ago well below expectations. and we'll get a fresh read also on home prices when the monthly ca case-shiller report comes out at 9:00 eastern and congress thinks it will show 3.7% in prices for october from a year earlier, continued improvement. and netflix customers were hit by a partial holiday outage, some unable to access the service from clrm eve through thursday morning. they should have been spending time with the family around the hearth. >> a lot of
and a possible settlement. this is all in the case of out of made in a manhattan hotel accused ross, of sexually assaulting her. the may is expected to be in court today but strauss-kahn as not. stress can't lawyers did not talk to apostles that and that last month. >> a live look at walnut creek, at traffic looks good as well as visibility. weather will be gorges again. we will be right back. [ crickets chirping ] [ traffic passing ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] millions are still exposed to the dangers... of secondhand smoke... and some of them can't do anything about it. ♪ [ continues ] [ gasping ] it is 5:44 a.m. in the top stories we're following a man has died after being found bound and gagged. he and a woman were found in the middle of a baby is district street last night. the man died as severance is the hospital just before midnight and females of victim the condition remains unknown at this time. this is as about will be sentenced today. she was convicted of murder for the death of nursing student mic
american problem so hence i did not come to market it. >> i want to bring in richard ross. brahimi is somebody who's very well respect bud somebody who's optimistic. when he says he thinks the civil war could be over in a few months, what is behind that? >> reporter: he's trying to be practical. i think it's like saying the differences in the u.s. congress over the fiscal cliff could be settled if. that's what he's really saying in this press conference in damascus. the elements are there under plan world powers agreed to back in jeune. but, of course, getting agreement if there fr. the assad side and the rebels the and the government, that's a tall order. he's an experienced negotiator. there seems to be some momentum with a flurry of talks and shuttle-type dip ploemmy but he still said and lamented syria is deteriorating rapidly. and as he said there's no u.s./russian plan. there may be discussions on options. can will there a transitional government formed and then elections but we're still not at that stage yet, suzanne. >> do we think he's bringing anything to the table that k
in 2012. you remember the unfortunate shooting in aurora, colorado, where abc's brian ross, went on the air and looked up in the phone book and found a name that matched the alleged shooter and concluded, gee, he must be part of the tea party. this is the kind of stuff that passes for sober analysis with the mainstream media. there are many others but those two stand out in my mind immediately. jon: christie, your favorites of the year? >> well it is not a surprise i disagree with cal on this one. look, i think the biggest media failure of is the year is failure to report the extreme lurch to the right of the republican party, a party that had gone from being conservative opposition party to one that is more about the transvageal ultrasound, banning of contraception and one that stopped trying to problem solve and now more interested in obstruction. i think that is because the media is interested portraying this false equivalence between the parties, hey they're all bad, they're all kind of the same and that is not something that really serves american voters typically well. jon:
't get it. >> they believe. >> how strong are you, getting rick in at the end? >> how about ross to wear the dickey and nothing else? >> we treat interns so well, so incredibly well. >>> we'll chat with the cast of "les miserables" but first we'll look at some local news. >> this is wbal-tv 11 news today in baltimore. >> good morning. i am mindy basara. here is traffic pulse 11 and sarah caldwell. >> really busy at their thanks to the fog and drizzle under the accident on the east side -- outer loop traffic on the east side. on average, 17 miles per hour. pretty big backup on southbound 9-95 for mountain road to the 895 split. if you want to head south of harrisburg expressway, to mount carmel expect -- delays from padonia down to mount carmel. this delay extends back to greenspring all the way down to edmondson. 795, about a 24-minute travel time. you can see how heavy and foggy it is. tapping the brakes big-time all the way towards the beltway. southbound 795 out of owings mills in the red. lingering delays on 295 making a reports 32. that is the latest on traffic pulse 11. >> dog is s
group of 69 lawmakers, this group is led by florida republican congresswoman iliana ross leyton who they say has been the most helpful. they are urging the obama administration to exhaust all diplomatic options to try to get this young man, 27-years-old, john hammer back home in time for christmas. his parents were here live on "america's newsroom" yesterday. >> he didn't cross the border. he went to the border and filed paperwork on the u.s. side, and then they told him to proceed and he went to the mexican check-point and asked them what he needed to do. here is my paperwork. so for asking what you need to do, he's in prison. and we need our state department to be as aggressive as theirs has been for his safety, as theirs thr-s been defending nare judicial system, which has just been a sham at this point. martha: seems like a pretty reasonable request, right? the question is why aren't they getting anywhere with all of this. fox news' bill o'reilly has been following this story from the very beginning. he is the host of the o'reilly factor and the author of the book "killing kenne
, because of jayden's way of giving. >> it's touching to have me witness this general ross a tee. >> buffalo wild wings waitress picked up a restaurant bill and a grocery bill. >> it touched my heart. >> somebody bought abby coffee, so she paid it forward. hopefully there was somebody behind her, hopefully she did it and it will keep going. >> it has, back on jayden's facebook page thousands of people posting similar acts of compassion from all over the world. >> jayden touched so many lives and now they want to say thank you. jayden would have been nine years old on december 12th. about a thousand people gathered to launch chinese lanterns sending their little angel a birthday party to heaven. [singing] happy birthday to you. kelly. >> as the pay it forward jayden style movement continues to grow this father can't help to think become to his son's final day and their final conversation. he now realizes jayden's journey was far from over. >> it makes me think back to when he said god needs me more and it makes me think maybe that is what this is. kelly: amen. jaime: why can't we have a story
is another positive sign or at least a sign of something. andrew ross sorkin as a piece on how all the major companies have a tie to wall street. they make the rifle that was used in the mass occur. they announced that they will sell their investment. they're shocked and deeply saddened by the events that took place. >> i would argue they should have stopped before they did that. i think people that invest in tobacco stocks that are going to kill a billion people this century where the companies target their product at every single doctor will tell you kills people, will target it to the poor, the uneducated and children, you should know that and you should knnot own stocksn gun companies. i don't have a problem with the second amendment that gives them the protection, but the second amendment has some reasonable restricts as the supreme court has ruled. and if you listen to the nra, there is the u.s. army has a rifle. they call it a rifle. it's what i would call a cannon, it's attached to the front of a tank or a moving vehicle. it shoots a nuclear warhead. the nra would say, oh, that's a g
a great holiday. ross, they're the number two off price retailer. that's been a really good name. i think the momentum continues with that company as well. so it's just mixed across my group. you just have -- there are some winners and there are some losers. there's not a lot of consistency. i cover value retailers. you would have thought this would have been a value focused holiday season. even within the discount store space the traffic was pretty subdued. >> that's interesting. howard is the big story in the next week or two going to be how painful clear -- the process of clearing out inventory is and how deep the discounts go? >> yeah. i'm not sure that it's going to be all that painful, right? i mean, it seems like we're finally getting winter weather conditions which is going to help with boots and coats. last year the weather was very easy. we have that to look forward to. last year was a very, very difficult holiday season fourth quarter. this year going into the holiday season, inventories were much leaner so there's less probably this year versus last year to get through. so des
, the marshall's of the world, the ross stores, the t.j. maxx. they are doing just fine. the middle and perhaps the high end is feeling some pressure today. >> good see you, sir, happy holidays, thank you for joining us. david henry, ceo. >>> we were flat maybe six or seven minutes ago, quickly lost 90 points, do you new down 78 on the dow. s & p broken below the 50-day moving average, of course, after senator reid says it looks like where we're headed, his words, of course, referring to the fiscal cliff. still ahead what is preventing lawmakers from reaching a deal on the fiscal cliff? can a deal get done at this point? congressman peter welch will join us with insight at 11 a.m. suddenly, she does something unexpected and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to
Search Results 0 to 21 of about 22 (some duplicates have been removed)